Twitter CEO, Elon Musk is poised to regain his title as the world’s richest man.
This is coming after current number one and French billionaire, Bernard Arnault faced a loss of $10 billion(N4.16trn) of his net worth recently.
According to reports, Arnault is currently worth $182 billion, down from the $192 billion he had at the beginning of February 19.
While Arnault struggled, Musk seized the opportunity to close the gap.
However, Musk also lost a significant portion of his wealth, although not as much as Arnault, which helped him narrow the gap.
According to data from Bloomberg, Musk’s wealth dropped from $187 billion to $182 billion between Sunday, February 19, 2023, and Saturday, February 25, 2023. This means that Musk will enter the new week with just a $2 billion gap.